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Defined Contribution Retirement Plan
12 Months Ended
Dec. 31, 2020
Defined Contribution Retirement Plan  
Note 11. Defined Contribution Retirement Plan

Note 11: Defined Contribution Retirement Plan

 

We offer our U.S. employees the ability to participate in a 401(k) plan. Eligible U.S. employees can contribute up to 100% of their eligible compensation, subject to limitations established by the Internal Revenue Code. Through April 30, 2020, the Company contributed a matching contribution equal to 100% of each such participant’s contribution up to the first 3% of their annual eligible compensation. We charged approximately $0.12 million and $0.3 million, to expense in the years ended December 31, 2020 and 2019, respectively, associated with our matching contribution in those periods.